Story perspectives
New York Bans Algorithmic Price-Fixing in Rentals
10/18/2025
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Story summary
- New York Governor Kathy Hochul signed a law on October 16, 2025 banning landlords from using algorithm-based software to set rental prices.
- New York becomes the first state to enact such legislation, following city bans in Jersey City and Philadelphia.
- The law defines the software's use as collusion among property owners that violates antitrust laws.
- The law takes effect in 60 days to protect renters from algorithmic price-fixing practices.
